Scotiabank has teamed up with GM Canada to launch a new suite of VISA cards. The new line-up allows Canadian’s to earn up to 5% in GM Earnings on everyday purchases to go towards the purchase or lease-down payment of any eligible new Chevrolet, Cadillac, Buick and GMC vehicle. There are two cards that are being released as a part of the suite, the Scotiabank GM VISA Card and the Scotiabank GM VISA Infinite Card. The beauty of the cards is that they allow for you to redeem your GM Earnings, where 1 GM Earning is equivalent of $1 to put towards your next dream GM vehicle. With the purchase or lease of your next GM vehicle by using your new Scotiabank GM VISA or VISA Infinite Card you can discover so much more by going on a road trip across Canada.
The ScotiaBank GM VISA Card
This card is the perfect card for travelling and also for savings towards your next GM vehicle.
No Annual Fee
- Annual Fee, Co-Borrower Fee and Supplementary Card Fee = $0
GM Earnings
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5% in GM Earnings on the first $5,000 in Net Purchases annually
- 2% in GM Earnings on Net Purchases thereafter
- No earnings limits
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Points don’t expire as long as you’re a cardholder
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No redemption limits
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Customers can start redeeming points at $1 and can combine GM Earnings with any in-market offers
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$1 in GM Earnings = $1 towards the total purchase price or lease down payment of any eligible new Chevrolet, Buick, GMC or Cadillac
Competitive Interest Rates
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19.99% annual interest rate for card purchases
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22.99% annual interest rate on cash advances and balance transfers
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Minimum Credit Limit – $500
Insurance Coverage Includes
The ScotiaBank GM VISA Infinite Card
This card is perfect for saving for your next GM vehicle and also for travelling across Canada with your amazing insurance coverage.
Annual Fee
- Annual Fee – $79
- Co-Borrower Fee – $39
- Supplementary Card Fee – $3
GM Earnings
- 5% in GM Earnings on the first $10,000 in Net Purchases annually
- 2% in GM Earnings on all Net Purchases thereafter
- No earning limits
- $1 in GM Earnings = $1 towards the total purchase price or lease down payment of any eligible new Chevrolet, Buick, GMC or Cadillac
- Customers can start redeeming points at $1 and can combine GM Earnings with any in-market offers
- No redemption limits
- Points don’t expire as long as you’re a cardholder
- 19.99% annual interest rate for card purchases
-
22.99% annual interest rate on cash advances and balance transfers
-
Minimum Credit Limit – $5,000
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Minimum Income – $60,000 or Household Income of $100,000
Insurance coverage includes:
